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CEO of Standard Chartered Predicts Inevitable Adoption of Bitcoin and Other Digital Currencies

The Chief Executive Officer of Standard Chartered, Bill Winters, has affirmed his belief that widespread adoption of Bitcoin (BTC) and other digital assets (existing and yet to be made) are an “absolute inevitability.” According to a recent news report, the CEO asserted that there’s a “whole new world opening.” He added that the creation and […]

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Bitcoin Price Analysis — December 6

As we go into a new week, Bitcoin (BTC) maintains its low-volatility momentum around $19,000. However, the benchmark cryptocurrency continues to trade above the round since yesterday but lacks any follow-through strength. The cryptocurrency recorded a high of $19,350 over the weekend. Meanwhile, the total cryptocurrency market cap has risen by $20 billion over the […]

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India’s Government Considers Taxing Bitcoin Transactions as Trading Volume Around the Cryptocurrency Soars

Just ten months after the Supreme Court in India removed the ban placed by the Reserve Bank of India on cryptocurrency trading, fresh reports show that the country’s taxation authority has picked interest in cryptocurrency traders, as Bitcoin (BTC) continues on its bullish rally. Local media report that the Indian Tax Department already has data […]

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Bitcoin Records Massive Liquidations Across Exchanges, Following a Fresh Attempt at $20,000

Bitcoin (BTC) has recorded yet another massive whipsaw, as the price got closer than ever to the highly-coveted $20,000 all-time high across exchanges. However, this rally soon turned into a “bloodbath” for bulls as the price dropped sharply, causing hundreds of millions of dollars to seep out of the cryptocurrency’s market capitalization within a few […]

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Analysts at JPMorgan Project Fresh Decline in Bitcoin

Despite the recent bullish recovery from the Thanksgiving “massacre” by Bitcoin (BTC), analysts from JPMorgan Chase & Co expect a steep decline for the cryptocurrency soon. The strategist highlighted some factors that could play crucial roles soon for the benchmark cryptocurrency. A recent JPM analysis, led by Nikolaos Panigirtzoglou, noted that the Thanksgiving crash has […]

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Bitcoin to Rally as Weekly Candle Nears End

Bitcoin (BTC) has recorded a decent bullish uptick over the past 48 hours, as bulls aim at getting the bull rally back on track following the recent market-wide selloff. Meanwhile, the next directional trend will be a key determinant considering that the close of the weekly candle is approaching swiftly. The point of closure for […]

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